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2023 | OriginalPaper | Buchkapitel

Ethical GDP

verfasst von : Florian Hippe, Alan Hippe

Erschienen in: Nachhaltigkeit und Innovation in internen und externen Unternehmensbeziehungen

Verlag: Springer Fachmedien Wiesbaden

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Abstract

Gross domestic product (GDP) has been the measure of a country’s economic standard, for the past century. However, it has grown increasingly apparent that the value of all final goods and services produced in a country, may not be the key indicator of how well a country is truly doing.

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Vorheriges Kapitel The Future of Finance

Nächstes Kapitel Nachhaltigkeit in der Veranstaltungsindustrie – dargestellt am Beispiel der Messe Frankfurt GmbH

Which the 2016 DFID report does refer back to, when attempting to argue that economic growth lays at the heart of development, however the focus of the report rather laying on job creating than development as a whole.

Prior to the COVID-19 pandemic, although it may be argued that the pandemic enhanced country’s focus on economic well-being.

Organization for economic cooperation and development, OECD in short.

OECD better life index is an economic development indicator, which captures different dimensions of economic and social progress.

Lecture about ethical GDP at Institute Le Rosey, 2021.

Professor Mukherje defines economic acvitity as; “The activity of making, providing, purchasing or selling goods or services” (Mukherje, n.d.).

An index out of 10.

There are most likely adequate GDP figures available nowadays, it is just a question of what form of GDP should be included. Preference is real GDP per capita.

David Martin, Economics lecturer, Harvard University.

Trading economics—Luxembourg—real GDP per CAPITA2023 data 2024 Forecast 2000–2021 historical, Luxembourg—Real GDP per capita—2023 Data 2024 Forecast 2000–2021 Historical. Available at: https://tradingeconomics.com/luxembourg/real-gdp-per-capita-eurostat-data.html (Accessed: January 12, 2023).

OECD—Luxembourg, OECD Better Life Index. Available at: https://www.oecdbetterlifeindex.org/countries/luxembourg/ (Accessed: January 12, 2023).

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Roser, M. (2014) Human development index (HDI), Our World in Data. Available at: https://ourworldindata.org/human-development-index (Accessed: January 24, 2023).

Carr, T. (2020) A Critique of GDP Per Capita as a Measure of Wellbeing, EconPress. Available at: https://web.northeastern.edu/econpress/2017/01/23/a-critique-of-gdp-per-capita-as-a-measure-of-wellbeing/ (Accessed: January 25, 2023).

Velasquez, M., Andre, C., Shanks, T. and Meyer, M. (2010). What is Ethics? [online] Santa Clara University. Available at: https://www.scu.edu/ethics/ethics-resources/ethical-decision-making/what-is-ethics/. (Accessed: March 19, 2023)

Mukherjee, K., In Geography, A. and Mahavidyalaya, C. (n.d.). Concept and Classification of Economic Activities. [online] Available at: http://www.chandidasmahavidyalaya.ac.in/images/uploads/Economic%20Activities%20Concept%20and%20Classification.pdf. (Accessed: March 19, 2023)

Hinson, L., Tucker, J.W. and Weng, D. (2019) “The tradeoff between relevance and comparability in segment reporting.” Available at: https://deliverypdf.ssrn.com/delivery.php?ID=937027118025005094066066084064088002015011046006095011102005013125087126098069022112012063127057051019035114091102127090105087038047089019092071122003001029070027066035060082107121016114090068112012120112099090077126004027090087099016083088084088110&EXT=pdf&INDEX=TRUE (Accessed: January 19, 2023).

Osberg, Lars, Sharpe, Andrew, (2001). “Comparisons of Trends in GDP and Economic Well-being—The Impact of Social Capital. In International Symposium Report”, Available at: https://www.oecd.org/innovation/research/1824740.pdf (pages 310–351). Ottawa: Organization for Economic Co-operation and Development and Human Resource Development Canada (Accessed: January 23, 2023)

Hetschko, C., von Reumont, L. and Schöb, R. (2016). Embedding Effects in the OECD Better Life Index: Evidence from an Experiment. Embedding Effects in the OECD Better Life Index, [online] pp.1–31. Available at: https://www.econstor.eu/bitstream/10419/168133/1/VfS-2017-pid-2570.pdf (Accessed 18 Mar. 2023).

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George Serafeim, Harvard Business school, 26 September 2022.

Titel: Ethical GDP
verfasst von: Florian Hippe
Alan Hippe
Verlag: Springer Fachmedien Wiesbaden
Buch: Nachhaltigkeit und Innovation in internen und externen Unternehmensbeziehungen
Print ISBN: 978-3-658-41617-1

Electronic ISBN: 978-3-658-41618-8

Copyright-Jahr: 2023
DOI: https://doi.org/10.1007/978-3-658-41618-8_7

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